Arbeitspapier

A Note on the Shapley Value for Characteristic Functions on Bipartitions

We consider a cooperative game with a bipartition that indicates which players are participating. This paper provides an analytical solution for the Shapley value when the worth of a coalition only depends on the number of participating coalition players. The computational complexity grows linearly in the number of players, which contrasts with the usual exponential increase. Our result remains true when we introduce (i) randomization of the bipartition, and (ii) randomly draw a characteristic function.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 11-124/2

Classification
Wirtschaft
Cooperative Games
Subject
Shapley value
computational complexity
bipartition
Shapley-Wert
Kooperatives Spiel
Theorie

Event
Geistige Schöpfung
(who)
Muns, Sander
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2011

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Muns, Sander
  • Tinbergen Institute

Time of origin

  • 2011

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